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Suttons Bay, MI Office Spaces for Sale

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Northport, MI Traverse City, MI Leland, MI Lake Leelanau, MI Cedar, MI Kewadin, MI Elk Rapids, MI Central Lake, MI
Leased Mixed-Use Condo Building
Updated: Jun 30, 2023
Leased Mixed-Use Condo Building

5046 S W Bay Shore Dr, Suttons Bay, MI 49682

$2,999,900
18,000 sqft 4.30 AC lot
Fully leased commercial and residential condo building generating immediate income.
Prime location on 4.3 acres with frontage on M‑22, across from West Grand Traverse Bay, a waterfront park, and a boat launch.
Restaurant, retail, and office spaces totaling over 18,000 square feet.
Features 6 condo units with 2 additional condo pads available for further development.
Four residential units currently occupied as cash‑flowing rentals.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Suttons Bay, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Second-Floor Office Suite with Elevator
Second-Floor Office Suite with Elevator

10161 E Pickwick Court, Traverse City, MI 49684

$479,000
2,843 sqft 0.06 AC lot

Second-floor office suite with reception, four private offices, conference room, and barrier-free entry with ample parking nearby.

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Downtown Mixed-Use Building
Downtown Mixed-Use Building

201 River Street, Elk Rapids, MI 49629

$1,200,000
8,355 sqft

Multi-tenant mixed-use building with retail and office suites on the lower level plus two renovated residential units upstairs.

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Unique Multi-Use Building For Sale
Unique Multi-Use Building For Sale

Traverse City, MI 49684

$749,900
1.00 AC lot

Versatile building suitable for office, agricultural, or commercial uses.

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Corner Office and Restaurant Building
Corner Office and Restaurant Building

12930 S West Bay Shore Dr, Traverse City, MI 49684

$1,695,000

Fully furnished corner building with a renovated restaurant main floor and multi-office occupancy upstairs.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Development Land Parcel
Commercial Development Land Parcel

1026-1028 E Front Street, Traverse City, MI 49686

$399,000
0.38 AC lot

Zoned commercial parcel with two separate lots, positioned along a major east-west corridor for flexible development planning.

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Commercial Land with Existing Office Building
Commercial Land with Existing Office Building

1040 E Front Street, Traverse City, MI 49686

$1,148,000
0.63 AC lot

Three-lot commercial parcel with an existing office building, positioned on US-31 for flexible development planning.

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Commercial Land with Existing Office
Commercial Land with Existing Office

1040 E Front Street, Traverse City, MI 49686

$1,148,000
1,864 sqft 0.63 AC lot

0.63-acre parcel with three lots, including an existing office building and two vacant lots on US-31.

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Corner Commercial Development Land
Corner Commercial Development Land

1054-1060 E Front Street, Traverse City, MI 49686

$2,650,000
3,726 sqft 1.24 AC lot

C-3 zoned corner parcel at a major US-31 and Garfield Road intersection with flexible development parameters.

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Off-Market Properties in Suttons Bay, MI

Consider similar Off-Market properties in Suttons Bay, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

5046 Bay Shore Dr
Restaurants

5046 Bay Shore Dr, Suttons Bay, MI 49682

Value Estimation by Request
18,000 sqft 4.30 AC lot
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Suttons Bay, MI Office Spaces Market Trends and Statistics

Explore 2 office spaces for sale in Suttons Bay, MI on our real estate platform. These investment opportunities span a total of 18,000 square feet of properties for sale, with an estimated market value of $2,999,900.

Sale prices for office spaces in Suttons Bay, MI start at $2,999,900, averaging $2,999,900, and reaching up to $2,999,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 3
Medical Office Space 1

Demographics Overview

Population 4,528
Population Growth (5Y) +10.6%
Median Household Income $89,688
College Educated 66.3%

High-Yield Neighborhoods for Investment

Identify Suttons Bay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49682 $3M

Taxes & Financing

Tax Rate (average for all types) 2.68%
Tax Rate vs County Average 0.44 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Leelanau County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Leelanau County

Retail

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